Which of the following responsibilities is not included in an asset manager's job?

An asset manager typically focuses on the strategic oversight and performance enhancement of a portfolio of properties rather than the daily operational tasks associated with each property. The role involves high-level responsibilities such as acquisition management, property disposition oversight, and managing financial and operational metrics.

Acquisition management refers to the analysis and acquisition of real estate assets that align with investment strategies, while property disposition oversight is concerned with the process of selling or otherwise liquidating properties in the portfolio. Managing the audit process involves ensuring compliance with financial regulations and standards, often needing the asset manager to oversee financial reporting and audits related to the properties.

In contrast, handling the day-to-day duties of the property is usually the role of a property manager. This includes overseeing tenant relations, maintenance, rent collection, and other operational aspects, which fall outside the strategic focus of an asset manager's responsibilities. Thus, recognizing the distinction between the strategic role of an asset manager and the tactical role of a property manager clarifies why handling daily duties is not part of an asset manager's job description.